Coinbase Abruptly Moved 26.89M XRP. Here’s the Destination

In a significant on-chain development, Coinbase has moved 26.89 million XRP from its cold storage wallet to an institutional wallet tagged DT:1. The transfer, first flagged by crypto analyst Xaif on X, has triggered widespread speculation within the XRP community about what may be unfolding behind the scenes. Such large-scale movements are rarely random and often precede major institutional actions, particularly when they involve cold wallets, typically reserved for long-term asset storage. Institutional Wallet Activity Raises Eyebrows Cold wallets are designed to hold digital assets offline, reducing the risk of hacks and theft. Moving nearly 27 million XRP, worth over $58 million at current prices, from a cold wallet to an institutional address suggests a change in intent. Rather than simply storing these tokens, Coinbase may be preparing them for deployment in trading operations or over-the-counter (OTC) deals. XRP Demand Surge? Coinbase just moved 26.89M $XRP from its cold wallet to institutional wallet (DT:1) This kind of transfer often hints at rising institutional interest or upcoming trading activity. Something big brewing? #XRP pic.twitter.com/fKK3r5GWU9 — 𝕏aif | (@Xaif_Crypto) June 15, 2025 The destination wallet, tagged DT:1, is widely understood to be part of Coinbase’s infrastructure for serving institutional clients. These wallets are not used for routine retail transactions; they’re typically reserved for facilitating large-volume transfers and fulfilling liquidity demands from hedge funds, market makers, and high-net-worth clients. This strongly suggests that institutional demand for XRP may be on the rise. What This Could Mean for XRP Xaif’s post highlighting the transaction has sparked curiosity about a potential price breakout or major institutional onboarding. Historically, large-scale transfers of XRP to institutional wallets have preceded major developments, such as partnership announcements, liquidity expansions, or the rollout of new financial products. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Although Coinbase has not issued an official statement regarding the purpose of the transfer, the move aligns with patterns seen in other cryptocurrencies just before heightened trading activity or strategic product launches. Coinbase may be preparing XRP liquidity to meet rising institutional demand or upcoming market events that require readily available assets. Final Thoughts While blockchain activity alone cannot confirm intent, it often offers early signals. The abrupt movement of 26.89 million XRP from a secure cold wallet to a known institutional address indicates that Coinbase is positioning for something beyond routine operations. Whether this leads to increased market activity, a new wave of institutional adoption, or both, remains to be seen. As Xaif aptly put it in his post, “Something big brewing?”—the signs certainly suggest so. The coming days will reveal whether this was merely a strategic reserve allocation or the beginning of a much larger institutional move into XRP. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Coinbase Abruptly Moved 26.89M XRP. Here’s the Destination appeared first on Times Tabloid .

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Polkadot Considers $2 Million Bitcoin Reserve as Potential Strategy for Treasury Diversification

Polkadot is evaluating a $2 million Bitcoin reserve strategy to diversify its treasury and enhance financial stability amid recent DOT token challenges. This community-driven proposal reflects a growing trend among

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Binance Issues Statement Following Major Crash in Two Altcoins – Changing the Rules

Binance, one of the world’s largest cryptocurrency exchanges, has made a significant rule change to its Alpha program. The company announced that as of June 17, 2025, 03:00 (UTC+3), trading volumes between Alpha tokens will no longer be included in the Alpha Score calculation. This decision comes after some Alpha tokens, such as ZKJ and KOGE, experienced high price fluctuations recently. Binance explained that this volatility was caused by large investors withdrawing on-chain liquidity and the subsequent liquidation chain. The company stated that this change was implemented to protect fair competition in the market, ensure stability and reduce systemic risks that may arise from excessive concentration. Related News: The Big Whale Sends These Two Altcoins Plummeting - Major Price Drop According to its official website, Binance Alpha serves as a pre-selection platform where tokens that are considered for potential listing on the exchange are transparently introduced. Projects included in the program are selected based on Binance’s industry expertise and advanced analytics. Although there is no direct listing guarantee, some tokens on Binance Alpha have a chance of being listed on the Binance exchange in the future. *This is not investment advice. Continue Reading: Binance Issues Statement Following Major Crash in Two Altcoins – Changing the Rules

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XRP Lawsuit: Attorney John Deaton Provides Clarity on Where the Ripple vs SEC Case is Finally Headed

Members of the Ripple and XRP communities are awaiting the next development in the Ripple vs. SEC lawsuit—a long-standing legal battle that began in December 2020. While Ripple supporters expressed excitement over Judge Analisa Torres’s 2023 court ruling, which established that the secondary sale of the XRP token does not make the asset a security, it remains uncertain where the case is headed this time. In the most recent development, Ripple and the SEC filed a joint motion requesting that $125 million be released from the escrow account, $50 million be distributed to the SEC as settlement costs, and the remaining funds be transferred to Ripple. As market onlookers await the Judge’s decision, Pro-crypto attorney John Deaton has taken to X to provide clarity on what he believes could happen next. Countering claims that he and another pro-crypto attorney Fred Rispoli wanted the SEC to suck up to Anilsa Torres’ with its most recent filing, he made the following remark ; “That’s not it. In fact, I believe there’s a 70% chance she grants the relief requested, and I’ll discuss it more in detail tomorrow. What I was expecting wasn’t ass kissing. And know, I’m not being super critical of the lawyers who filed it. They’re much more experienced than I am in these matters and experience is the greatest teacher in life. In fact, the lawyer who signed on behalf of Ripple is a former SEC Director of Enforcement.” He detailed his expectations for the regulator’s lawyers, explaining that he had hoped that the regulator would acknowledge the role of the former leadership in what he regards as an over-surveillance of the crypto industry. The attorney laid out his expectations for the attorneys behind Ripple, stating that the crypto firm failed to highlight the disadvantages that new regulatory policies could have on the broader crypto market, despite the current court order placing competitor firms like Circle miles ahead of Ripple. Despite maintaining that the joint motion is more likely to be granted than it is to be rejected, Deaton remains convinced that a stronger case should have been made to “get a [the] judge to rescind her ruling that she firmly believes (whether right or wrong) is consistent with existing law instead of assuming she’ll grant it because you cite a couple cases for her to hang her hat on to grant it – IF she so chooses.”

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Trump claims Iran and Israel are ready to talk

Donald Trump says he’s working the phones again—this time to force Israel and Iran to sit down and figure out how not to blow the planet up. In a long post on Truth Social, the president said he believes both countries “should make a deal, and will make a deal,” and he plans to use American trade to make it happen. He compared it to how he claims he calmed things down between India and Pakistan last month. The method then, Trump said, was straight-up trade leverage. “TRADE with the United States brought reason, cohesion, and sanity,” he posted, calling the leaders he dealt with “excellent” and “able to quickly make a decision and STOP!” Meanwhile, according to a report by Reuters, Trump has already blocked an Israeli plan to assassinate Iran’s Supreme Leader, Ayatollah Ali Khamenei. Two senior US officials told the outlet that Trump rejected the idea on the grounds that no American had been killed yet. One of them reportedly said, “Have the Iranians killed an American yet? No. Until they do, we’re not even talking about going after the political leadership.” That veto, paired with Trump’s sudden push for peace, suggests that he wants a deal, not a new war. Trump says Iran and Israel are ready to talk Trump also claimed that talks were already underway, though he didn’t say who was in the room or what was being said. “Many calls and meetings now taking place,” he wrote. He said his work in Serbia and Kosovo, and later Egypt and Ethiopia shows his ability to stop decades-old fights from turning into full-blown wars. “There is peace, at least for now, because of my intervention,” he wrote about the Nile River dispute. He promised the same approach would be used to cool things between Tehran and Tel Aviv, closing with: “MAKE THE MIDDLE EAST GREAT AGAIN!” But there’s one problem. That story doesn’t match what Israeli Prime Minister Benjamin Netanyahu is saying. Over the weekend, Benjamin told reporters that Israel’s campaign against Iran would intensify. That message goes directly against Trump’s claim that talks are on. But Trump doubled down in an interview with ABC News, saying, “Something like this had to happen… They want to talk, and they will be talking. May have forced a deal to go quicker, actually.” Conflict pushes oil, inflation, and interest rates into chaos zone The fallout from the growing conflict is already blowing through the global economy. If things don’t cool off soon, JP Morgan says oil prices could hit $130 a barrel. That’s high enough to push US inflation from current levels up to 5%, doubling what it is now. That would also delay any possible interest rate cuts this year, something that investors are already pricing in. Every major market that touches oil is bracing. Iran is currently pumping out 3.3 million barrels a day, or about 3.5% of global supply, but it’s not just production that people are watching. The real danger is the Strait of Hormuz, a narrow 21-mile-wide strip of water that handles 20 million barrels per day—almost the exact amount the US uses daily. If Iran locks it down, 88% of Persian Gulf oil exports get stuck. There’s no detour. All Iran has to do is scare Lloyd’s of London, and ships start backing off. That’s why analysts think the question isn’t just about price anymore. The bigger issue is whether global supply chains, built on just-in-time deliveries, can survive this kind of energy shock. Everything depends on the strait staying open. The world bet that it never closes. That bet might fail. Meanwhile, Israel’s inflation rate dropped more than expected in May, landing at 3.1%, below the 3.4% analysts predicted in a Reuters poll. Still, it remains above the government’s 1%-3% target range, and officials are warning that this war could undo any progress. Israel’s central bank blames ongoing supply issues tied to conflict while admitting that local demand is helping keep prices high. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

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These Two Billionaires Are Convinced that Bitcoin Could Become a World Reserve Currency

Brian Armstrong , the CEO of Coinbase , computer scientist, and entrepreneur Paul Graham have expressed their collective trust for the leading cryptocurrency Bitcoin, as they both highlighted its capacity for world domination. Both billionaires are asserting that Bitcoin has the capacity to become the reserve currency of the world. Speaking at this year’s State of Crypto Summit, the Coinbase head highlighted the struggle faced by different governments in their attempt to contain deficit spending. He shares his optimistic outlook for Bitcoin as an alternative currency capable of containing the rise in deficit spending, adding that mass adoption is underway. The crypto billionaire further expressed confidence in this series of events, adding that it could position Bitcoin as a universal reserve currency. “Democracies around the world are really struggling to get their deficit spending under control. I guess my crazy little idea is that I think Bitcoin is going to provide an important check and balance on deficit spending, and if it gets out of control too much, people will flee to it in times of uncertainty, and it could actually end up that Bitcoin is the new reserve currency of the world.” He asserted . Paul Graham, who reacted to Brian Armstrong’s statement, explained that the driving force behind his decision to purchase Bitcoin in its early days was tied to the possibility that it would eventually become a global store of value. “When I first bought some (or at least talked to you about buying some) in 2013, that was the reason: as insurance against it becoming the world’s reserve currency.” He wrote . When asked if his Bitcoin holdings were still intact, he responded in affirmation: “I assume so,” he wrote in a follow-up post. At report time, Bitcoin is valued at $105,566 per coin. The leading asset has managed to clear off weekly losses, although it remains to be seen whether selling pressure is contained throughout the weekend.

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Dormant Ethereum Wallet Awakens After 10 Years With Millions Worth Of ETH

Ethereum has been consolidating around the $2,500 price level over the past few days, showing little momentum in either direction. The second-largest cryptocurrency by market cap has struggled to sustain a breakout above the $2,600 resistance zone, despite the inflows into Ethereum Spot ETFs last week. Related Reading: $57 Million In Crypto And Counting: Trump’s World Liberty Connection One event that has sparked interest, and possibly concern, among Ethereum holders is the reactivation of a dormant whale wallet holding millions worth of ETH. The sudden awakening of this long-inactive address raises questions about a potential selling pressure and its market impact. First Transaction From Dormant ETH Address Since 2015 On-chain tracker Whale Alerts was the first to report the reawakening of a pre-mined Ethereum address that had been inactive for nearly a decade. According to the large on-chain transaction tracker, the wallet, which held 2,000 ETH, initiated its last transaction 9.9 years ago. When the wallet last moved any funds in 2015, the entire stash was worth just $620. Today, that same amount is valued at over $5 million, making the owner’s profit roughly 820x based on current prices. At Ethereum’s all-time high price of $4,878 in 2021, the cryptocurrencies reached an unrealized gain of 1573x. 💤 A dormant pre-mine address containing 2,000 #ETH (5,063,918 USD) has just been activated after 9.9 years (worth 620 USD in 2015)!https://t.co/G0i8Rif0XX — Whale Alert (@whale_alert) June 14, 2025 The alert by Whale Alerts, which noted the first transaction after 9.9 years, involved the transfer of 0.0001 ETH from the whale address “0xcF26” to address “0x2C12,” which is a newly created ETH address. However, Etherscan’s on-chain transaction data reveals that the whale address sent 500 ETH into the newly created address shortly afterward. Following the string of transaction data from Etherscan shows that these 500 ETH eventually made their way into address “0x28C6,” which is known to be owned and controlled by crypto exchange Binance. This means that the 500 ETH may have already been sold through the exchange or are currently being prepared for liquidation. Brace For Impact: Will The Remaining 1,500 ETH Be Sold? As of now, the original whale address still holds approximately 1,500 ETH, currently valued at $3.796 million. However, it opens up the question of whether the rest of the funds will also be sold. Although we cannot be sure of a planned full liquidation, the pattern of the 500 ETH transfer and the involvement of an exchange address indicate that the possibility cannot be dismissed. Right now, Ethereum is in a fragile price action around the $2,500 price level. If more ETH is offloaded by the whale, the added selling pressure could make it even harder for Ethereum to break out of its current consolidation phase, especially if there isn’t enough buying pressure to absorb the ETH sold off. Related Reading: Billionaire Snaps Up $100 Million Of Trump Coin – Details At the time of writing, Ethereum is trading at $2,525. The past 24 hours were spent by Ethereum trading between $2,549 and $2,495. Featured image from Unsplash, chart from TradingView

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Vietnam Says Yes To Crypto In Bold Legal Shift – Details

Vietnam’s National Assembly gave its stamp of approval to a new digital tech law on June 14. It brings crypto assets under formal rules for the first time. It also sets out a wider push into AI, semiconductors and more. Government Classifies Digital Assets According to local media outlets, the law groups digital holdings into two buckets: virtual assets and crypto assets. Both must use encryption or other digital tech to move or confirm transactions. Neither group covers securities, digital fiat money or any other financial tools. Lawmakers have until January 1, 2026 to spell out who can issue, trade or hold these tokens—and what rules they must follow. Regulatory Rules And Safeguards Based on reports , the law demands new anti‑money laundering and cybersecurity steps that match global norms. Vietnam has sat on the FATF gray list since 2023, and officials clearly want to close that chapter. Agencies will draw up detailed checks on transactions and platforms before the law takes effect. Ambitious Tech Incentives The legislation goes well beyond crypto . It offers tax breaks, cheaper land leases and R&D grants for companies in AI, chip design and data‑center builds. Regional governments must back training programs for engineers and tech workers. Schools will add digital skills into their courses, too. It’s all part of a bigger bid to rival hubs like Singapore, Seoul and Shenzhen. Past Crypto Scams Motivate Action Lawmakers haven’t forgotten the frauds that hit the market in 2024 and 2025. In February 2025, police rounded up four people behind BitMiner, a fake mining site that took more than 4 billion VND (about $157,300) from over 200 victims. And back in December 2024, Hanoi cops stopped a scheme called Million Smiles before it drew in 300 would‑be investors. That scam had already stolen 30 billion VND (around $1.17 million) from roughly 100 businesses and 400 individuals by selling a bogus “Quantum Financial System” token. The new law is a clear signal that Vietnam wants to shape its own tech destiny. By January 1, 2026, companies and users will face fresh rules—and fresh chances. If regulators stick to the plan, real projects should find a welcome home. But if the rollout gets slow or half‑hearted, gray‑list worries and more scams could follow. For now, the countdown is on. Featured image from Unsplash, chart from TradingView

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Bitcoin Plummets on Israel-Iran Conflict, Bitcoin Liquidations Surge to $1.16 Billion, and More — Week in Review

Bitcoin plummets on Israel-Iran conflict, Bitcoin liquidations surge to $1.16 Billion, Robert Kiyosaki declares civil war has begun, and more in this Week in Review. Week in Review Bitcoin plunged below $104,000 following Iranian airstrikes by Israel. The dip triggered a wave of liquidations totaling $1.16 billion. Economist Peter Schiff seized the opportunity to criticize

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Solana Dips Below $150, But Altcoins HOLD, AB, and 0x0 Surge Ahead

Solana Dips Below $150, Altcoins Holding Back Solana has fallen below its significant $150 support level and is trading at $145. This decline shows continued pressure against major altcoins. However, in the interim, several small-cap tokens are defying the overall market trend. HOLD Rises 35% As Social Chatter Picks Up Everyone (HOLD) has risen 35.4% in the previous 24 hours, up from $0.0008704 to $0.001272. The token has risen over 400% in the previous 30 days, which has caught traders’ and analysts’ attention as well. Mentions of HOLD have broken out on social platform X, with volume spiking accordingly. One market commentator stated, “Volume just absolutely exploded on this little dip here. Will likely do over $1M before end of day.” Though no significant project news has been released, the sustained volume growth suggests growing whale or institutional demand. 0x0 Rises 23% on Binance and BNB Chain Mania 0x0.ai: AI Smart Contract is up 23.4% in the past 24 hours, reaching $0.1452 from $0.1131. The token is up 150% over the last two weeks following high-profile development updates. The 0x0 team announced ongoing integration of the BNB Chain last week after meeting Binance CEO Changpeng Zhao. They also made announcements regarding Spectre, their privacy-perpetuals DEX, suggesting more innovation to come. AB Jumps 20% on Major Listings AB token surged 20.3% in 24 hours to $0.01497 from $0.01243. It’s currently more than 100% higher than its price 30 days ago. AB’s blast-off gains come after new exchange listings and promotions. On June 9, the project announced listings on Bitget, Binance Alpha, and Gate Alpha. The exchanges offer higher liquidity and visibility—key catalysts of the token’s recent surge. Market Outlook While global crypto market cap is at $3.28 trillion—lower than last week—there are some altcoins like HOLD, 0x0, and AB showing resilience. While the decline of Solana below $150 shows continuity in volatility in major cryptocurrencies.

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